Food processing, packaging machinery exports hit record levels in 2023: VDMA
In 2023, German manufacturers of food processing and packaging machinery achieved a nominal export growth of 8.6 percent, reaching a record value of 9.85 billion euros. However, German manufacturers were not the only ones to benefit from the strong global demand. According to the data available to date, the global trade in food processing and packaging machinery is believed to have risen to over 52 billion euros in 2023.
"On the one hand, we benefit from the continuing high level of investment in automated, efficient and sustainable production and packaging technologies in industrialized countries and, on the other, from the growth momentum in populous countries," says Beatrix Fraese, economic expert at the VDMA Food Processing and Packaging Machinery Association, which represents more than 3,500 German and European mechanical and plant engineering companies.